Keel — Stellar liquidity risk

GOLD / USDC

GBCB…LXAU

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral: 17.29 USDC (shortened; full value 17.2987146821924142573148116723671418796606678253335 USDC)Limited by liquidation depth
Depth within 5%: buy63.80 USDC (shortened; full value 63.8068429336780029712944287353 USDC)sell22.11 USDC (shortened; full value 22.119879376697159454882475441972412212000294123529 USDC)
Cost to move +50%: Not reachableThe order book cannot reach the target
Checks: 2 triggered3 not evaluated

History

Window

Resolution

Source

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Higher at the end of the window than at its start

Lowest: 13.07 USDC (shortened; full value 13.0733314944438976592291051009320682359795343642595 USDC)
Highest: 46.01 USDC (shortened; full value 46.010716285564470683870150347341889804791063863948 USDC)

2026-10-02T17:53:42Z — 2026-10-03T17:08:42Z

Max safe collateral: 17.29 USDC (shortened; full value 17.291435981264524805740662039776261446582434488238 USDC)

25 readings from horizon, with no gaps reported. One source per chart.

What fires now, how long it has been firing across the window above, and what could not run.

Thin depth at 5%nowTHIN_DEPTH_5PCT

throughout

Supply is concentratednowHOLDER_CONCENTRATION_HIGH

throughout

The figures behind the verdict, as the engine served them.

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

17.29 USDC (shortened; full value 17.2987146821924142573148116723671418796606678253335 USDC)

Limited by liquidation depth

Liquidation termbinds: 17.29 USDC (shortened; full value 17.2987146821924142573148116723671418796606678253335 USDC)
Sell-side depth at the liquidation delta, times the haircut.
Manipulation term: not applicable
Not applied: the critical target is not reachable through the order book.